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13 Dec
11:10

European tube discounts fall dramatically

Italian, French and German welded tube discounts are decreasing faster than expected and at a faster rate than originally planned by re-rollers. Due to the current sharp increases in European hot rolled coil prices, re-rollers are planning further price hikes for welded tube before the December Christmas holiday starts, Kallanish learns from re-rollers and distributors. At the moment the level of discount on tubes ranges from 19-20 points in Germany, 20-22 …
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